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Lasalgaon is a prominent hub for onion cultivation and thus the onion's name is derived from this town, with 99% of its agricultural area dedicated to this crop, engaging over 1,000 farmers. The region's onion market is equally impressive, handling approximately 2.5 lakh tonnes of onions annually.
Saudi Arabia provides Pakistan with economic aid and investments, and there are around two million Pakistani workers in Saudi Arabia, making the Kingdom of Saudi Arabia's second-largest migrant community. The Pakistani diaspora living in Saudi Arabia sends back remittances of 5.8 billion dollars back to Pakistan.
An onion (Allium cepa L., from Latin cepa meaning "onion"), also known as the bulb onion or common onion, is a vegetable that is the most widely cultivated species of the genus Allium. The shallot is a botanical variety of the onion which was classified as a separate species until 2011.
China lent Pakistan further 700 million dollars to shore up Forex reserves. [49] Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years. [50] Also Fitch downgrades Pak's sovereign credit rating from CCC+ to CCC-. The New York-based ratings agency warned that a default could be a "real possibility". [51]
Allium flavum (yellow) and Allium carinatum (purple). Allium is a large genus of monocotyledonous flowering plants with around 1000 accepted species, [4] [5] making Allium the largest genus in the family Amaryllidaceae and amongst the largest plant genera in the world. [6]
Onions are considered an important ingredient of most Indian cooking, providing the pungent foundation for curries and other dishes. Onion prices have been an important political issue: they were regarded as the decisive factor in the 1998 state elections in Delhi and Rajasthan, and were responsible for bringing down the central government in 1980. [2]
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]
A Pakistani hotel in Medina. There are numerous restaurants, shops and cultural activities in Saudi Arabia which cater to the Pakistani diaspora. In Jeddah's Azizia district, a large Pakistani community is present due the close proximity of Pakistan International School in Jeddah.